Sea of red for the big techs; Nvidia, Palantir lower in premarket trade

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Sea of red for the big techs; Nvidia, Palantir lower in premarket trade

The picture in premarket trade was not looking good for many of the top tech stocks.

Nvidia shares fell 3%, to $131.70, as Palantir Technologies, Tesla, Advanced Micro Devices and bitcoin holder MicroStrategy also lost ground.

Apart from a single day in December, Nvidia shares haven’t closed below $130 since October.